Cryptos we're my only way out of this rut that I've been in for the past fucking 20 years. Or so I thought

Cryptos we're my only way out of this rut that I've been in for the past fucking 20 years. Or so I thought.

I've spent every waking hours for the past 3 weeks studying everything from ta, general to advanced market theory, to obscure shit which only fell on its face every time I tried to apply it.

I've lost almost everything I put in.

Holding is a meme and wont make you rich in a million years unless you got in early.

I'm a friendless, depressed neet with a deadend job. And now I'm broke as well.


Fuck this world.

I'm fucked.

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Just bought 100k of MTL (bittrex), ez gains

>studying
>ta
???

you have a gambling problem and you should go get a job. fuck off.

and you didn't read about "Don't invest more than you can afford to lose" ?

lol how could you lose ? What crapcoins did you buy?

"Don't invest more than you can afford to lose".

FUCK YOU IMMA PUT IN EVERYTHING AND GET RICH QUUUIIIIICK BOIIIII

OH SHIT I LOST IT ALL FUCK YOU LIFE FUCK YOU WORLD REEEEEE

No shitcoins. Tried trading BTC, LTC and ETH. Tried different trading strategies several times, and I followed all of the recommended rules.

Lost 9/10 trades.

Time to eat my gun I guess.

There has to be more to this story.

dude, this bear days will be gone soon, take it easy u will get ur profit, just wait.

youtube.com/watch?v=LrJv04O8EXg&feature=youtu.be

crypto markets are not working by normal schemes, more by ones described in books. It's fully manipulated by x entities.

Just fucken hold. Or in worst case scenario sell your kidney, I bet you would compensate your $$ loss + would save your life.

>says holding is a meme
>studying 3 weeks
>3 weeks

Gr8 b8 though

lol TA

So you didn't hold, you tried to day trade and got rekt.

get some kneepads fucktard

>HODLING is a meme
>Thinks TA is a thing
>Tries to trade in an unstable and volatile market such as crypto .

>>"why did I lose money?"

I think I found the source of your problems , you are retarded.

Nice bro, so now people are studying memes. How long before memeology becomes a major?

>says hodling is a meme
>proceeds to lose all money with daytrading
beautiful.

(OP)
>tfw I was like you just a month ago
>tfw I earned my first bitcoin yesterday
>tfw my rent is only 300€/month
>tfw I'm a free man now

you should be studying game theory for your self and not just for crypto

u must be really special to lose 90% on three major coins lmao

lol I actually made more money in the casino than I did in crypto

If you studied for 3 months, how come "only put in what you can afford to lose" appears to be a foreign concept to you?

>trying to use stock techniques for crypto
>suprised it doesn't work

No shit. You need intuition and experience in this market, expect to get bit. And I rather hold then sell on a cheap coin that might moon years from now.

>I have a job

>neet with a job

I half-assed it the last 3 months and am still at 60k, after I started with 10k. A month ago I was down to 4k. You need to find a good community and trade primarily with 2-4 week time frames. Don't DAYTRADE when you're a noob. Also if your REALLY studied and were up to date as much as you claim, then you should know that now is a really shitty time to be trading and that you specifically would be better off to wait in USDT until everything has blown over (after August 1st). Being well connected and having access to the opinions and advice of more experienced people is the most important thing in crypto IMO. Not through Twitter and Veeky Forums, but by being in a good chat group (Discord etc.)

Work from home.

sorry OP, you either got it or ya' don't.

Back to work.

You're right.

I've tried finding a good community and good traders to follow, but so far everything I've found has been filled with shills, fudders and traders who are sometimes even worse than I am.

Private trade groups cost money, and I don't have that either.

How can you possibly lose? Just buy the dip.

its literally gambling because these coins arn't meant for fundamental analysis, they don't pay dividends, and they don't generate any cash flow

Any recommendations for game theory books, user?

Invest in Kneepads Coin

>its literally gambling because these stocks arn't meant for fundamental analysis, they don't pay dividends, and they don't generate any cash flow

>Basketball was my only way out of this rut that I've been in for the past fucking 20 years. Or so I thought.
>I've spent every waking hours for the past 3 weeks studying everything from dribbling, dunking, to obscure shit which only fell on its face every time I tried to apply it.
>The NBA won't even call me back
Ths is how silly you're being right now. Come on OP, it takes longer than 3 weeks to unfuck your shit. Drop the lottery mentality, keep studying, and hold your coins while you work on improving other part of your life.

THREE FUCKING WEEKS of hard work OP and youre still not rich?
well fuck me, what a cruel world
Id tell you to kys but since youre such a weak whining pussy you might actually do it...

how 2 fix life for dummies

>ta is bullshit, random guesses are better
>do research befor buying coin (whitepaper)
>dont blow your bags when theres a 2% decrease
>hodling is not a meme if u hodled 2000 bitcoins up till now you wouldnt be making this post
>go outside
>of your mom's basement
>meet parents
>dont be a downer
>go to gym
>ask bitches hey bbygrl wnt som fukk

if all else fails
>don't fuck the world, divorce it and make it pay alimony (life insurance)

You bought numeraire didn't you?

Well time to purchase some knee protection.

1. Don't invest more than you can afford to flush down a toilet
2. Buy low, sell high
3. Hold if you BOUGHT LOW

>put lots of time in studying
>past 3 weeks
>Thinks this is sufficient to make money trading

KEK

If you put this little effort into everything else in your life no wonder you're in the situation you're in, stop trying to get rich quick and put some actual fucking work in

Did you sell? If you haven't you are still fine, market will recover and you will have your money "back" nigger

move to a legal place to grow pot and grow your as off op

Meanwhile I've been smoking weed and making a bunch of 1-4 percent trades. How is this even hard to you fucks?

I did the same thing as OP

>FOMO'd in at $3000 BTC
>OH SHIT IMA GOING DOWN WITH THIS SHIP
>Learn TA, join twitter, find endless crypto news/watch sites
>Find a good trading community
>BTC is down 17% from ATH, im up 30% on initial investment

Problems were not

You get caught out eventually. I've been doing it for a couple of weeks, and doubled my money, then got caught in Byteball when the dumping really started last night. Now I've got to wait, likely until the next distribution, for the price to be high enough for me to get out without taking a loss.

>will recover
false. it's clearly "recovering" right now to what makes some sense, which is far lower than people were buying at last month.

This, if you are gonna day trade then scalp scalp scalp at the start.

This way you execute a lot of trades in a short time and get familiar with the patterns and movements. Most of all you need to develop the discipline of curbing your greed and stopping losses.

So you knew about the airdrop beforehand and didn't sell before it happened?

If so then this really is not the racket for you.

A whole three weeks? You got the patience of the Dalai Lama bruv, amazing.

anyone who states shit like this about a speculative asset is literally retarded. buy a CO detector

its why you set a stop loss moron. this is a bear market, stop losses are necessary. bull has been gone for 2 months.

All crypto is controlled by like 4 or 5 chinks. Pause for a moment before you make your educated guess and make a trade... do the opposite. Don't let the chinks outsmart you.

I feel you OP. I got in at the tail end of this bull market. And got completely fucking rekt. Made quick money off ETH and ANS run up. Easy 9k in 2 weeks and thought wow this is easy I'm gonna be rich. Then just got fucking ass raped and now I'm way down my initial investment. Going to be hard to recoup to just break even.

It's got me pondering a bit and not looking at this whole thing through rose tinted glasses like before.

My advice? Find a good job and just treat cryptos more long term. It's hard when you come up so fast and a lot. Your brain gets wired to want that same thing. But it takes this to give a harsh reality check.
I feel your pain bro trust me.

I'm done trading for now but managed to end with 3 btc and around $1k in ans and another $1k eth + mining it.

I honestly think ans could get me a lambo. About to put in another $4k soon

Byteball jumped 5% just now btw OP, no need to eat lead yet.

This. Crypto is gambling BS

>> implying we're still not early

Crypto isn't gambling if you stick to fundamental analysis.

If you have 21 BTC, you will be rich as fuck by 2025.

If you don't have 21 BTC and you ignored crypto when I have been talking about it since 2011, you deserve to be poor.

You got in too late OP.
Dont worry though, bull markets always come back and Bitcoin will be worth 55k by 2019 anyway, not to mention the good alts will skyrocket too

fake coins backed by nothing being traded between nerds looking to fleece the next ponzi victim

>Crypto is gambling BS
Old meme is old

you sound like you got F L E E C E D